simon property group

5 Obscure Investments to Boost Your Income

With interest rates at historic lows and traditional low-risk vehicles paying rock-bottom returns, more and more investors are turning to once-obscure investments that promise much more income than you'll get from a bank CD right now.

What to Watch This Week: Malls, Tech, Homes and Papers

With 2012's first earnings season well under way, let's go over some of the items that will help shape the week that lies ahead: Here's why you should be watching one major mall owner, two tech giants, three homebuilders and a couple of old media behemoths.

The Mall-ification of the American Church

A third of America's indoor malls are currently in financial distress as retailers vacate for trendier shopping areas. But a surprising new breed of tenant is stepping in to fill that vacant retail space: churches.

Report Forecasts Over 1 Million Foreclosures in 2010

Over 1 million households could lose their homes to foreclosure this year as mortgage lenders process a massive backlog of delinquent loans. Nearly 528,000 homes were taken by lenders in the first half of this year, The Associated Press said, citing a report by RealtyTrac Inc., a foreclosure listing service. Last year, lenders foreclosed on 900,000 homes.

Simon Property Group: A Mall REIT That Won't Quit

Despite the dire warnings about commercial real estate, REITs have been on a roll. And Simon Property Group -- one of the world's largest mall owners -- is now highly favored by some investors who see it as the big winner if economic rebound gains strength.

Simon Offers $10 Billion for Rival General Growth

Simon Property Group, the world's largest shopping mall operator, wants to buy its General Growth Properties, its biggest competitor, which is currently working its way through bankruptcy. Simon is prepared to pay $7 billion to General Growth's creditors and $3 billion to shareholders.

The new ghost town: Your local mall

The era of the frugal consumer continues. Yet another tell-tale stat of the restructuring under way in the U.S. economy: consumer spending (or lack...